$8,609 Closing Credit¹
#PAPH2391426, Meng Z Wu, Listing Office: Panphil Realty, LLC
$8,776
closing credit¹
1604 Ridge Ave Philadelphia, PA 19130
$739,000 List price
$8,776
Closing credit¹
2,899 sqft
0.03 acres
$255 / sqft
Multi-Family
Property details
About 1604 Ridge Ave
Welcome to 1604 Ridge Avenue, where the potential for investment opportunity is vast!!! This Franciville/Fairmount area property, boasting just under 3,000 square feet of space, is just 2 blocks west of North Broad Street and the Avenue of the Arts North, walkable to places like The Met Philadelphia, as well as SOUTH, Osteria and many other restaurants, and is located in the center of a bustling cultural hub with new condos, original homes and commercial corridors alike. The property presents an unparalleled opportunity for savvy investors seeking substantial returns. This property boasts a diverse mix of commercial and residential spaces, ensuring a steady stream of income that promises to maximize your ROI. The possibility of owner occupancy for the commercial unit is also a consideration. All tenants will remain in place if buyer choices Whether through rebranding, or strategic leasing, there are numerous avenues to further capitalize on this property and unlock its full ROI potential. Commercial unit is approximately 1000sqft. Upgrades and rehab through -out were done 2020/2021. Please see the P &L located in documents.
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size2,899 sqft
Lot size0.03 Acres
Year built1920
ParkingOn Street
MLS #PAPH2368412
Summary
- MLS Number: PAPH2368412
- MLS Name: BRIGHT
- Office Name: BHHS Fox & Roach-Art Museum
- Office Phone: (215) 763-2100
- Listing Agent: Dawn Varallo
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$739,000
1604 Ridge Ave
$8,776
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 25, 2014 | Home Sold | $200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $317,000 | $4,437 |
| 2022 | $425,800 | $2,435 |
| 2021 | $- | $2,435 |
| 2020 | $174,000 | $2,435 |
| 2019 | $246,900 | $3,456 |
| 2018 | $239,800 | $3,356 |
| 2017 | $108,200 | $1,514 |
History based on county public records data.
Nearby schools
6
John Moffet Elementary School
Public District KG-5
1.5 mi
•127 W Oxford St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
1.6 mi
•2539 N 16th St
1
Richard R. Wright Elementary School
Public District KG-5
1.6 mi
•2700 W Dauphin St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,333. The most common annual income of people living in Philadelphia, PA is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
61%
<35k
31%
35k-100k
5%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
65%
Single, No Kids
25%
Single, with Kids
5%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
37%
18-34 yrs old
35%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
$8,906 Closing Credit¹
#PAPH2416700, Jie Chen, Listing Office: Home Max Realty
New - 14 hours on Rocket
$8,193 Closing Credit¹
#PAPH2440784, Frederic D Musilli, Listing Office: DJCRE Inc.
$8,016 Closing Credit¹
#PAPH2437668, Katherine Vail, Listing Office: Elfant Wissahickon-Rittenhouse Square
$8,906 Closing Credit¹
#PAPH2385710, david m cohen, Listing Office: Keller Williams Main Line
$9,203 Closing Credit¹
#PAPH2425958, Nancy L Alperin, Listing Office: MAXWELL REALTY COMPANY
$7,303 Closing Credit¹
#PAPH2421416, Mathew G. Sickler, Listing Office: Keller Williams Main Line
$9,855 Closing Credit¹
#PAPH2410484, Nancy L Alperin, Listing Office: MAXWELL REALTY COMPANY
$8,253 Closing Credit¹
#PAPH2368942, Jahlil N Edwards, Listing Office: OCF Realty LLC - Philadelphia
$8,313 Closing Credit¹
#PAPH2437712, Katherine Vail, Listing Office: Elfant Wissahickon-Rittenhouse Square
This home is located at 1604 Ridge Ave in Philadelphia, PA and zip code 19130 in the Fairmount neighborhood. This 2,899 square foot home, which was built in 1920, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $739,000.
In January 2025 more than 152 listings in Philadelphia, PA were sold above the asking price. During the same period more than 186 listings were sold at asking price, while more than 457 were sold below. The number of homes for sale in Philadelphia, PA increased by 3.5% between December and January 2025. In January 2025 median list price was $266,945 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.